Weekly Market Update Jul.9/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 679 (627, 672, 771) # Sales: 433 (376, 408, 492) Ratio: 64% (60%, 61%, 64%) # Price Changes: 484 (443, 445, 470) Expired/Off-Market Listings: 223 (380, 211, 186) Net loss/gain in listings […]

Actual Costs of Buying a Home Across Canada

A friend of mine recently moved to a Vancouver suburb and I was shocked to hear how much it really costs to buy a home there. I think everyone has an idea how expensive homes are in and around Vancouver and Toronto right now, but many people aren’t aware of the additional closing costs buyers […]

Weekly Market Update Mar. 5/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 621 (481, 440, 467) # Sales: 262 (309, 280, 283) Ratio: 42% (64%, 64%, 61%) # Price Changes: 241 (261, 164, 170) Expired/Off-Market Listings: 290 (107, 114, 124) Net loss/gain in listings […]

Weekly Market Update Jan. 29/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 450 (433, 437, 360) # Sales: 249 (188, 213, 161) Ratio: 55% (43%, 49%, 45%) # Price Changes: 175 (190, 170, 54) Expired/Off-Market Listings: 145 (176, 143, 530) Net loss/gain in listings […]

Should you Buy or Sell a Home During the COVID-19 Pandemic? – UPDATED

April 29 updates in green. When I first wrote this article, we had been socially isolating for just over a week. No one knew what it was going to be like, or how long it would last. While we still don’t know the answer to how long this will last, we have a pretty good […]

Awards Season – Recognizing Customer Service Excellence

Awards season is not just for celebrities, real estate agents receive awards at this time of year as well. In the industry, agents are typically given awards for selling a lot of real estate, which in our minds, does not necessarily equate to being a great real estate agent. We know that our clients want […]

Real Estate Optimism in Edmonton? What’s Up?

For the first time in a long time, I’m seeing a lot of positive headlines related to Edmonton, and Alberta as a whole, the economy and the real estate market. I don’t know about you, but I kind of forgot what that’s like! Here’s what people are saying… A report released Monday by the Real […]

Condominium Property Act Amendments

Considered long overdue by many, there are changes proposed to the condominium property act in Alberta that may arrive sometime in the not too distant future. We first wrote about the proposed changes on this blog in June, 2011. The government is looking for changes and open houses have been scheduled in the coming months as […]

How do you know if your agent is licensed?

So we have an interesting situation happening at our office at the moment… someone has created a fraudulent company that shares a name with one of our agents. We’ve been contacted by a number of people over the past week about “Mobey Real Estate” or “Moby Real Estate” because one of our associates is named Angel […]

Alberta Building Code Protects New Homes from Radon Gas

What is radon gas? Radon is a cancer-causing, radioactive gas that comes from the ground. You cannot see or smell it. When inhaled, radon breaks down into further radioactive particles, releasing burst of radioactivity that can cause injury to lung tissue. Exposure to high levels of radon causes lung cancer, the second leading cause after […]

Coming Soon Listings – How and Why to Do it Right

There is a bit of a debate going on amongst real estate agents about “coming soon” listings. Many are opposed to the practice because they think listing agents are trying to cut buyer’s agents out, and in some cases they probably are. However, coming soon listings, when done right, are very effective. What do I […]

Important Considerations When Buying a Vacation Property

Home buyers often buy a second home with a view to enjoying its use during holidays and possibly renting the home out during other times of the year (usually peak season). Purchasing a home is nearly always a good investment, especially if you select a home in the right location. Whether you grew up in […]

Inman Innovator Awards Finalist

We’re very honoured to be a finalist for “Most Innovative Brokerage” for this year’s Inman Innovator Awards! The are given each year to recognize and celebrate industry innovation and accomplishments. Liv Real Estate is the only Canadian brokerage nominated for most innovative brokerage this year! Finalists can include a specific app, technology or business process or a company as a whole […]

Bonuses, Kickbacks, and Other Things We Don’t Take

Liv Real Estate agents do not take bonuses from builders or sellers. If a bonus or incentive is offered, we discuss it with our client up front, find out how they want it handled, and either negotiate it off the price or give it to our clients after closing. If you’re not familiar with what […]

Price Reductions: How to Get Results in Today’s Market

It’s a funny market in Edmonton right now, a lot of listings are not selling, while many others are selling with multiple offers. We’ve seen agents lined up out front of new listings with clients waiting to get in to show them, while other listings get little to no attention. As always, it comes down to […]

And the winner is…

Every now and again we have to share some news with our blog readers and since it was in the Edmonton Journal last weekend why not? Recently the REALTORS® Association of Edmonton held its annual gala to recognize outstanding contributions to the industry and community. Our broker, Sheldon Johnston walked away with two awards. The broker […]

The Big Real Estate Debate

I bet you’re thinking the renting vs owning debate, but that’s not the one I’m talking about. I’m talking about the debate within the real estate industry (I can’t even believe it’s a debate) about forced registrations. Forced what??? It refers to websites that require you to register before you get to see what you want […]

Features That Home Buyers Want in 2016

Buying a home is a big leap, so it is no surprise that buyers can be picky when it comes to their choices. Their desires evolve during the years, alongside their needs, and now a fancy kitchen and hardwood floors are just part of what today’s buyers are looking for. When selling your home, you […]

Your Home Didn’t Sell, Now What?

The real estate market in Edmonton can be a tough one for sellers right now. Consider this, in 2015, only 54% of MLS® listings in the Greater Edmonton Area actually sold! Think about that, almost half of the listings, didn’t sell last year. If you’re among the 46%, what do you do now? If you’re […]

It’s Not Just About the Price

It’s not always price. CBC Edmonton recently published an article about the real estate market in Edmonton, that could use some commentary and clarification. The article talks about the supply of homes on the market outstripping demand, and gives an example of one couple that had to sell their home for $100,000 less than they were asking. […]